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China’s record trade surplus with US adds fuel to trade war

BEIJING — China’s trade surplus with the United States widened to a record in August even as the country’s export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.

Expats say there are 46 better countries to live in than...

How the mighty have fallen. And fallen again. The appeal of the U.S. as a destination for expatriates slid for the fifth consecutive year, to...

Much detail, little progress in US-China talks

BEIJING/WASHINGTON — U.S-China trade talks this week were heavy on details but short on progress as U.S. negotiators outlined cases of American firms harmed by Chinese practices and China argued it was meeting its WTO obligations, people familiar with contents of the discussions said.

US-Mexico trade talks progressing but no breakthrough with China

Washington, United States -- US officials holding a two-front battle in President Donald Trump's bid to revise major trade ties made progress with Mexican...

US-China trade war hits $100 billion in goods

Washington -- From Harley-Davidson motorcycles and American bourbon to Chinese parts and machinery, the world's two largest economies have exchanged punitive tariffs that slice...

Trump says market would ‘crash’ if he were impeached

Washington -- President Donald Trump said in an interview aired Thursday that the US economy would collapse if he were impeached. "I will tell you...

Duterte to Trump’s men: ‘Prove good faith’ on defense assets offer

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte on Thursday announced that three Cabinet officials of United States President Donald J. Trump wrote him...

What’s next in the trade war? Key US-China events to watch...

China and the US resume trade talks this week, ending the hiatus after an earlier deal collapsed in May. Fresh rounds of tariffs on each...

Starbucks boycott? Nike shutdown? China holds trade war leverage

America’s corporate bosses could be excused if they don’t agree with President Donald Trump’s boasts that a trade war is “ easy to win.”...

Duterte slams US for warning against buying Russian submarines

By Camille A. Aguinaldo President Rodrigo R. Duterte on Friday, Aug. 17, slammed the United States for warning the Philippines against buying submarines from Russia,...

China, unsure of how to handle Trump, braces for ‘new Cold...

Perhaps nowhere outside America’s heartland is Donald Trump given more credit than in Beijing. In government offices and think tanks, universities and state-run newsrooms, there...

China-US to resume low-level talks in bid to resolve trade war

China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for low-level trade talks in late August, the first official exchanges since earlier...

Further US sanctions would be ‘declaration of economic war’: Medvedev

Moscow, Russia -- Russia warned Friday that if the US followed through with threats to impose further harsh economic sanctions it would be seen as...

US readies to slap duties on $16 billion of Chinese goods

The U.S. said it will begin imposing 25% duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war...

US reaffirms position in South China Sea code negotiations

By Camille A. Aguinaldo The United States made clear its position that the Code of Conduct on the South China Sea should also include the...

China prepared for long trade war with US, state media says

After a weekend of claims by U.S. President Donald Trump that he has the upper hand in the trade war with China, Beijing responded...

China rejects US request to cut Iran oil imports

The US has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow...

US considers higher tariffs on $200 billion in Chinese imports

The Trump administration will propose more than doubling its planned tariffs on $200 billion in Chinese imports, ratcheting up pressure on Beijing to return...

Pentagon seeks a more lethal army in shifting $4.7 billion

The Pentagon is asking Congress to shift $4.7 billion in previously approved spending for this year, with some of the funds going to provide...

Americans burdened by increasing housing costs

IT’S $500 more, each and every month. That’s the additional cost of a mortgage payment if you bought a median-priced home in San Jose, California, in the first quarter of 2018 compared to late last year. The mortgage payment would be about $4,600 compared to $4,100 due to higher lending rates and increasing home prices.

China’s economy slows as expected with trade war dimming outlook

China’s economic expansion slowed in line with expectations, signaling broadly stable output as the trade conflict with the US intensifies. Gross domestic product increased 6.7%...

Some US manufacturers feeling trade war pinch: survey

Washington -- Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but...

EU urges big powers to avert trade ‘conflict and chaos’

Beijing, China -- The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions,...

China says US tariffs to backfire, damaging the whole world

The US imposition of tariffs on $34 billion of China’s exports will not only hurt China, but the US itself and the rest of...

Melania Trump’s Zara jacket thrusts Inditex into spotlight

FAST-FASHION pioneer Zara has been caught up in a sartorial controversy involving first lady Melania Trump — with a garment that was last on sale two years ago.

Cayetano, Pompeo affirm Philippine-US alliance in latest meeting

Foreign Affairs Secretary Alan Peter S. Cayetano and Secretary of State Michael R. Pompeo reaffirmed the country's alliance with the United States during the...

Steel drops most since March as metals tumble on trade war...

Steel and iron ore plunged the most since March on escalating fears over a global trade war as China vowed to retaliate after President...

Why is the Trump administration separating immigrant families?

Washington -- President Donald Trump declared Monday that the US will not become a "migrant camp" as his administration faced a backlash for its...

Duterte: You cannot scare China

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte on Monday, June 18, defended the People’s Republic of China amid criticisms arising from the South...

China may use control over disputed sea to challenge US presence...

A report from the United States Congressional Research Service revealed China's capability to control the South China Sea in the event that a war...

Asia sees China and United States as threats to rules-based order

LONDON -- For many US allies, Secretary of Defense James Mattis is the last of the Trump administration’s so-called grown-ups in the room.

China warns US against tariffs as trade talks end

Beijing, China -- China warned the US that any deals reached during ongoing trade talks would be void if Washington went ahead with imposing...

Asia worries about US rule-bending

Asia’s main security conference this weekend established at least this: That while America’s allies like Defense Secretary James Mattis, that’s no longer enough. Mattis sought...

US payrolls rise 223,000 as jobless rate matches historic low

US hiring rose more than forecast in May, wages picked up and the unemployment rate matched the lowest in almost five decades, indicating the...

Canada hits US with billions in retaliatory tariffs in steel row

Ottawa, Canada — Canada hit back at steep US tariffs on aluminum and steel on Thursday, announcing retaliatory duties on up to Can$16.6 billion (US$12.8...

Koreas hold high-level talks ahead of Trump-Kim summit

Seoul -- North and South Korea held high-level talks Friday to discuss their ongoing efforts to improve ties ahead of a landmark meeting between...

North Korea warns of nuclear crisis in threat to scrap talks

North Korea again threatened to cancel its planned summit with President Donald Trump next month, hardening its rhetoric by saying it was ready for...

Global markets rise as Beijing and Washington avert trade war

New York -- Global stock markets got a bounce Monday (US time) after the US and China effectively called a truce in what had...

Get ready for annual US-China trade wars, Credit Suisse says

Same time next year? Anyone breathing a sigh of relief on Monday may have to get used to featuring China-U.S. trade wars in their...

Trump meets Americans released from North Korea ahead of summit

Donald Trump personally welcomed home three Americans released from detention in North Korea, a triumphant middle-of-the-night moment for the president as he prepares for...

Critical US-China trade talks end in Beijing

Beijing -- China and the US ended the second day of high-stakes trade talks Friday with "big differences", Beijing said, leaving the world's two...

US pledges another P182-M help for Marawi

THE UNITED States government has pledged another P182-million ($3.5 million) worth of assistance for the 58,000 internally displaced residents of Marawi City and surrounding...

China is weakening its currency before US trade talks begin

China weakened its daily currency fixing by more than traders and analysts had expected before high-ranking US officials arrive in the country to discuss...

Threat of nuclear weapons use growing, UN warns

Geneva -- A top UN official on Monday denounced growing rhetoric claiming that nuclear arms are necessary and warned that the risk of such...

Government seeks stronger US support for PHL infrastructure projects

THE PHILIPPINE government is seeking expanded support from the United States in its infrastructure program, the Department of Budget and Management (DBM) said in...